InCoax has received an order with an order value of 137,000 USD

InCoax has received an order for an evaluation study from a company in the construction material sector in the USA during February - April 2019 with an order value of 137,000 USD (1,2MSEK).

InCoax will support the customer in evaluating InCoax’ new product generation In:xtnd™. The study will include both analytical work and hardware testing together with the customer. The In:xtnd product family is based the standard developed by the Multimedia over Coax Alliance, MoCA Access™ 2.5, which can deliver speeds of up to 2.5 gigabit per second. In:xtnd Control is a broadband over coax access node with four RF-ports, capable of 2.5 Gbps per RF-port, a total of 10 Gbps.

The customer is an established and growing privately owned company in the construction materials industry, located in the USA and mainly serving the North American market. The evaluation will start in February and be completed in April with payments split up in installments.

“I am delighted that we have this first order demonstrating the great interest in our In:xtnd solution”, says Peter Carlsson, CEO of InCoax.  

This information is such information as InCoax Networks AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 12.00 CET on February 22, 2019.

For more information:
Peter Carlsson, CEO, InCoax Networks AB
peter.carlsson@incoax.com
+46 70-8563427

About InCoax Networks AB
InCoax Networks AB (publ) is innovating the future of broadband access. In:xtnd™ provides the next-generation smart and sustainable networking solutions to the world’s leading telecom and broadband service providers. For additional information about how we are saving the world from complicated, visit www.incoax.com. Augment Partners AB, tel. +46 8-505 651 72 info@augment.se, is acting as the Company ́s Certified Adviser.